16299 B Austin, TX 78728
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Industrial properties
Property Details for 16299 B
- Year built
- 2000
- Property type
- Industrial properties
- Property subtype
- Flex space
Description
This exceptional offering presents a lucrative opportunity to acquire a thriving, established automotive service business and its accompanying real estate. Located in Austin, Texas, within Williamson County's 2-mile ETJ, this property boasts a prime location with excellent access to major roadways including IH-35, Toll 45, and Mopac. The business, operational since 2003, demonstrates consistent year-over-year sales growth, averaging $1,054,300 in gross revenue over the past three years. The real estate comprises two parcels totaling 25,500 square feet, each 12,750 square feet. Improvements include a 6,108-square-foot automotive service facility featuring ten bays (seven climate-controlled, three unconditioned), a reception/waiting area, and a parts room, all renovated in 2022. Additionally, a 3,600-square-foot self-storage building houses nine units (six approximately 13'x30', three approximately 15'x30'), currently leased on month-to-month terms. The high-end customer base, focused on European vehicles, and the property's location within a densely populated area (over 250,000 people within a 5-mile radius and nearly 800,000 within 10 miles) contribute to the exceptional potential of this combined business and real estate investment. The property is classified as Class B, with a single tenancy, and is zoned for Austin's 2-mile ETJ. The sale includes both the business and the real estate
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Austin
- County
- Williamson
- State
- Texas
- Longitude
- -97.6887
- Latitude
- 30.4735
